Re: KJo in the BB
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I hope everyone knows that pokerstove's usefulness here is dubious, since it doesn't take into account position and the way hands play out postflop. Position is especially interesting since we know that you make more money in the long run in late position, that therefore has added value and earlier positions have less. So for whatever these calcs are worth, they don't take that into account.
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This is incorrect when Smasharoo is arguing that based on equity alone, we make more money by raising than by not raising. At this point, we need to stop considering postflop elements of play (lack of position) and just consider how much we will earn on a raise. We do this by estimating our equity in the pot and multiplying it by the amount gained from a raise, since better tools do not, as of yet, exist for this purpose.
Rob
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